More Money Managers Embrace Performance
Standards

January 9, 2002 (PLANSPONSOR.com)- While the vast
majority of surveyed money managers say their performance
reporting is compliant with at least one presentation
standard, plan sponsors still have room for
concern.

A new survey by PricewaterhouseCoopers has found that
nearly 100% of investment manager respondents say they are
compliant with at least one performance presentation
standard – or were looking to become so in the near
future.

Among the key findings from the survey:

Just 75% of respondents were currently compliant with
the standards and indicated that they were verified in
some way; 13% of respondents were verified on a firm-wide
basis and 62% were receiving an examination of one or
more individual composites.

Roughly two-thirds of those not verified planned to
become so within the next two years.

50% of respondents included performance results on
their Web sites and 60% claimed compliance with a chosen
standard on their websites.

75 % of respondents answered questions relating to
attribution, 91 % of respondents used or were planning to
implement an attribution system.

Nearly 70 % of those respondents included performance
attribution because it provided a marketing
advantage.

The ‘2001 Global Trends in Performance Measurement’
survey was based on responses gathered from more than 60
global asset management firms worldwide with managed assets
ranging from $3 billion to more than $200 billion.